RELEASE WAIVER AND QUITCLAIM

KNOW ALL MEN BY THESE PRESENTS:

That I, __________________, Filipino, of legal age, a
resident of __________________, and formerly employed with
__________________, do by these presents acknowledge receipt
of the sum of __________________, Philippine Currency, from
_____________________ in full payment and final settlement of
the (financial assistance or separation pay, overtime pay, salary or
salaries, wage or wages, commutable sick and vacation leaves,
gratuities or any kind of compensation or emoluments) due to me
or which may be due to me from ____________________ under
the law or under any existing agreement with respect thereto, as
well as any and all claims of whatever kind and nature which I
have or may have against ________________, arising from my
employment with (and the termination of my employment with
______________________.
In consideration of said payment, I do hereby quitclaim,
release, discharge and waive any and all actions of whatever
nature, expected, real or apparent, which I may have against
_______________, its directors, officers, employees, agents and
clients by reason of or arising from my employment with the
company. I will institute no action, whether civil, criminal, labor
or administrative against _________________, its directors,
officers, employees, agents and clients. Any and all actions which
I may have commenced either solely in my name or jointly with
others before any office, board, bureau, court, or tribunal against
_________________, its directors, officers, employees, agents and
clients are hereby deemed and considered voluntary withdrawn by

me and I will no longer testify or continue to prosecute said

action(s).
I declare that I have read this document and have fully
understood its contents. I further declare that I voluntarily and
willingly executed this Release, Waiver and Quitclaim with full
knowledge of my rights under the law.
IN WITNESS WHEREOF, I have hereunto set my hand at
_____________,

this

___

day

of

_______________,

2000.

_______________________
Affiant

SIGNED IN THE PRESENCE OF

_______________________

______________________